Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VCSH vs VUSB: how they differ
VCSH and VUSB hold 12% of their weight in the same names, and VUSB returned more over the year.
Vanguard Short-Term Corporate Bond Index Fund and Vanguard Ultra-Short Bond ETF.
What they hold in common
By the books each fund has filed, VCSH and VUSB hold 12% of their money in the same securities at the same weight.
| Holding | VCSH | VUSB |
|---|---|---|
| Bank of America Corp | 0.24% | 0.20% |
| Amgen Inc | 0.17% | 0.17% |
| Bank of America Corp | 0.16% | 0.37% |
| HSBC Holdings PLC | 0.13% | 0.14% |
| Salesforce Inc | 0.11% | 0.19% |
| Oracle Corp | 0.11% | 0.24% |
| Morgan Stanley | 0.13% | 0.10% |
| Citigroup Inc | 0.11% | 0.10% |
| GE HealthCare Technologies Inc | 0.10% | 0.20% |
| US Bancorp | 0.10% | 0.51% |
| NatWest Group PLC | 0.10% | 0.30% |
| US Bancorp | 0.10% | 0.14% |
| Only in VCSH | Only in VUSB |
|---|---|
| United States Treasury Note/Bond 0.85% | United States Treasury Bill 4.24% |
| AbbVie Inc 0.21% | United States Treasury Note/Bond 0.68% |
| CVS Health Corp 0.21% | PNC Financial Services Group Inc/The 0.59% |
| T-Mobile USA Inc 0.20% | United States Treasury Note/Bond 0.53% |
| Boeing Co/The 0.20% | Charles Schwab Corp/The 0.50% |
| Wells Fargo & Co 0.18% | Westlake Flooring Master Trust 0.44% |
| JPMorgan Chase & Co 0.18% | DLLAD 2024-1 LLC 0.44% |
| Pfizer Investment Enterprises Pte Ltd 0.18% | UBS Group AG 0.42% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| VCSH Vanguard Short-Term Corporate Bond Index Fund | VUSB Vanguard Ultra-Short Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Short-Term Corporate Bond | Ultra-Short Bond |
| Total return, 1 year | +1.6% | +3.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −15.9 pts | −13.8 pts |
| Expense ratio | 0.03% | 0.10% |
| Holdings | 2999 | 1281 |
VCSH in plain words
VCSH is a bond fund tracking the Short-Term Corporate Bond. Over the year to Sep 11, 2026 it returned +1.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.
VUSB in plain words
VUSB is a cash and treasury bills tracking the Ultra-Short Bond. Over the year to Sep 11, 2026 it returned +3.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.10% a year.
Questions people ask
- Which returned more over the last year, VCSH or VUSB?
- In the year to Sep 12, 2026, with distributions reinvested, VCSH returned +1.6% and VUSB returned +3.7%, so VUSB returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VCSH or VUSB?
- VCSH charges 0.03% a year and VUSB charges 0.10%, so VCSH is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VCSH against VUSB, data as of Sep 12, 2026. https://etfiq.com/compare/any/VCSH-VUSB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources